Adico Forge Profile
Key Indicators
- Authorised Capital ₹ 2.50 Cr
- Paid Up Capital ₹ 2.50 M
- Company Age 20 Year, 9 Months
- Last Filing with ROC 31 Mar 2021
- Open Charges ₹ 32.00 Cr
- Satisfied Charges ₹ 52.16 Cr
- Revenue Growth -24.87%
- Profit Growth -284.62%
- Ebitda -238.14%
- Net Worth -2.66%
- Total Assets 4.87%
About Adico Forge
Adico Forge Private Limited (AFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 May 2004 and has a history of 20 years and nine months. Its registered office is in Pune, Maharashtra, India.
The Company is engaged in the Engineering Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 2.50 Cr and a paid-up capital of Rs 2.50 M.
The company currently has active open charges totaling ₹32.00 Cr. The company has closed loans amounting to ₹52.16 Cr, as per Ministry of Corporate Affairs (MCA) records.
Shrikant Agarwal, Vinodkumar Agarwal, Vikas Agarwal, and Three other members serve as directors at the Company.
Company Details
- Location
Pune, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U27109PN2004PTC019295
- Company No.
019295
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
21 May 2004
- Date of AGM
27 Nov 2021
- Date of Balance Sheet
31 Mar 2021
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
What products or services does Adico Forge Private Limited offer?
Adico Forge Private Limited offers a wide range of products and services, including Inspection & Quality Check Services, Quality Inspection Service, CNC Machines & Lathe Machine, CNC Vertical Machining Centers.
Who are the key members and board of directors at Adico Forge?
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Yashvardhan Agarwal  | Director | 18-May-2024 | Current |
| Vikas Agarwal | Director | 18-May-2024 | Current |
| Shrikant Agarwal | Director | 18-May-2024 | Current |
| Vinodkumar Agarwal | Director | 01-Jun-2024 | Current |
| Ganesh Kshirsagar | Director | 01-Jun-2024 | Current |
| Gaurav Agarwal | Director | 01-Jun-2024 | Current |
Financial Performance of Adico Forge.
Adico Forge Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 24.87% decrease. The company also saw a substantial fall in profitability, with a 284.62% decrease in profit. The company's net worth dipped by a decrease of 2.66%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Adico Forge?
In 2021, Adico Forge had a promoter holding of 77.80% and a public holding of 22.20%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Laxmi Advent Developers LlpVinodkumar Agarwal, Vikas Agarwal and 1 more are mutual person
Advent Developers Private LimitedShrikant Agarwal, Vinodkumar Agarwal and 1 more are mutual person
Trinity India Forgetech Private LimitedShrikant Agarwal, Vinodkumar Agarwal and 3 more are mutual person
Assay Developers LlpShrikant Agarwal is a mutual person
- Calypso Exim Llp
Shrikant Agarwal is a mutual person
Charges (Loans)
₹32.00 Cr
₹52.16 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 32.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Aug 2024 | Axis Bank Limited | ₹16.00 Cr | Open |
| 05 Aug 2024 | Axis Bank Limited | ₹16.00 Cr | Open |
| 19 Jan 2018 | Hdfc Bank Limited | ₹16.00 Cr | Satisfied |
| 21 Aug 2012 | Idbi Bank Limited | ₹4.50 Cr | Satisfied |
| 13 Sep 2008 | Idbi Bank Limited | ₹4.50 Cr | Satisfied |
How Many Employees Work at Adico Forge?
Adico Forge has a workforce of 142 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Adico Forge, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Adico Forge's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
